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February New Car Deals

February 10th 2010 05:00
Typically February is not the best month to buy a new car. Many dealers use this month to market to people who are getting tax refunds and don't need incentives to attract customers. Add recent production and recalls from Toyota and the availability of fewer cars also is a disadvantage to buyers.

However for the careful shopper there are deals to be had. Ford, GM, and Hyundai are all offering incentives to frustrated Toyota owners with trade incentives. Be careful and try to hide the fact that you are trading in a Toyota until you have made your best deal. if possible drive a second car to the dealer and have someone else bring in your Toyota after the deal is made.

Ford and Hyundai are having great new years by taking advantage of favorable reviews. Ford is also benefiting from consumers angry at GM for taking taxpayer money and being owned by the government. Hyundai is making some of the safest cars and has some of the best warranties in the field.

Here is a listing of the best February incentives:

Acura 1.9% APR financing on TSX, MDX 3/1/10

BMW 2.9% APR financing available on most models. $4,500 "eco credit" offered on diesel models 3/1/10

Buick, GMC,
Cadillac,Chevrolet, 0% APR financing available on many models.Current GM owners or leaseholders can, in some cases, get up to $5,000 cash back.
3/1/10

Chrysler, Dodge, Jeep 0% APR financing available on most models for up to 72 months, cash back offers as high as $4,000. Returning customers can add a $500 rebate to many offers 3/1/10

Ford, Lincoln, Mercury 0% APR financing on most models. Cash back offers range from $1,000 to $3,000. 3/31/10

Honda 2.9% APR financing on some models 3/1/10

Mazda 0% APR financing available on most models. First three payments waived on some models 3/1/10

Mercedes-Benz 1.9% APR financing on C-Class, 3.9% APR financing on most other models 3/1/10

Toyota Toyota deals vary regionally, but 2.9% APR financing is available on most models in most regions. Cash back offers are limited, typically $500 or $750 on most models 3/1/10

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